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3 years ago

When you open excel 2013 for the first time, what will appear?

1 answer:

7 0

The excel start screen will pop up then from there you can choose to create a workbook a template and access your recent work

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Ace Products has a bond issue outstanding with 15 years remaining to maturity, a coupon rate of 7.4% with semiannual payments of

frutty [35]

Answer:

Current yield is 6.17%

YTD is 5.43%

YTC is 4.26%

Explanation:

Tenor: 15 years

-> number of payment (NPer) is 30 (= 15 years * 2 for semiannual)

Coupon rate: 7.4%

- > semiannual payments (PMT): $37 = ($1000*7.4%/2)

Future value (FV): $1000

Present value (PV): $1200

Current yield = annual coupon/ current price = $37*2/$1200 = 6.17%

Extra: 

We use excel to calculate yield to date (YTD) or nominal yield:

= Rate(Nper, PMT, - PV,FV) = Rate(30,37,-1200,1000) = 2.717% semiannual

-> annual rate is 5.43%

The bond issue is callable in 5 years at a call price of $1,074, then FV is $1074

Yield to call = rate(10,37,-1200,1074) = 2.13% semiannual

-> annual rate is 4.26%

5 0

3 years ago

"cost assignment refers to the general case of assigning costs to cost pools or cost objects. when there is a direct and traceab

tatuchka [14]

Yes you are correct the cost pool is the people cost object is the product

6 0

3 years ago

When firms exit a market, the _________, causing individual firms’ profits to _________.

Tpy6a [65]

Answer:

When firms exit a market, the short-run market supply curve shifts left, causing individual firms’ profits to increase.

Explanation:

The process of free entry and exit of firms is in a sequence as explained under-

If there is higher demand in the market of the product as compared to its supply, then each firm in the market will receive higher price for its product.
This will increase the prices of the product, enabling higher profits for each firm. This will make the industry attractive, enabling the introduction of newer firms in the market.
When the new firms enter the industry, the prices of the product in the market will drop due to higher competition, now present currently. This will lead to lowering of profits for the firms in the industry.
This will make the industry non-attractive and thereby the less competitive and less effective firms will exit the market in the short run.
This exit of firms from the industry, will lead to higher prices again due to less supply of product in the market as compared to its demand. Hence, the profits of the firms present in the industry will increase.

Thus, it can be concluded that when firms exit a market, the short-run market supply curve shifts left, causing individual firms’ profits to increase.

4 0

3 years ago

Read 2 more answers

Sweet Acacia Industries reported income taxes of $339,324,400 on its 2017 income statement and income taxes payable of $274,010,

S_A_V [24]

Answer:

$50,153,400

Explanation:

The formula is to increase the income tax expense for the year by any decrease in income tax payable or decrease income tax expense by any increase in income tax payable for the year

Step 1: Calculate the Increase/Decrease in Income tax payable from 2016-2017

=Income tax Payable for 2017= $563,181,600

Income tax Payable for 2016= $274,010,600

=563,181,600-274,010,600= $289,171,000 - This represents an increase in income tax payable from 2016-2017

Step 2: Decrease the Reported Income Tax by the Increase in Income Tax payable as calculated in Step 1.

= $339,324,400-$289,171,000= $50,153,400

Cash Payments made for Income Taxes During 2017 is $50,153,400

5 0

3 years ago

What is the term that describes the spreading of materials, money, and human resources to get work done in the most economical a

Butoxors [25]

Resource allocation - Apex answer

6 0

3 years ago

Read 2 more answers